Wednesday, March 26, 2014

How important are recorders for your live auction and fund a need?

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One of the most important jobs at a fundraising auction event are the recorders.  These are the people that are logging in the winning bid amounts and donation amounts from the live auction and fund a need.  They will also be the people running the recorder sheets to the check out personnel.  Sounds simple right?  We see more mistakes made here than almost any other volunteer job… it is a tragedy because this is where serious money can be lost!
 
Here is the formula for success with your recorders: 


  1. Don’t have volunteers that like to drink alcoholic beverages handling your recording.
  2. Assign this job to three people with identical recorder sheets to prevent missed bid amounts or bidder numbers.
  3. Have pre-designed recorder sheets that are simple to understand.  Lay out your live auction sheet in the same order of the actual live auction and let recorders know if there are any items that have the potential to sell twice.  Design your fund a need sheet in columns with the same levels your professional auctioneer will be asking your guests to give.
  4. Make sure that the three recorders check each other’s sheets and combine to one sheet for the checkout personnel.
  5. All recorders need to be placed in a quiet corner close to a speaker, so they can hear, and just listen, logging in data based on what the auctioneer says.  DO NOT HAVE RECORDERS TRY AND FIND THE BIDDER NUMBERS THEMSELVES; THIS IS A RECIPE FOR DISASTER!
  6. Have the recorders meet with the auctioneer prior to the event to go over the system.


Written by Mike Grigg, AARE, BAS
EliteFundraisingAuctions.com

Wednesday, March 12, 2014

How many items should we have in our live fundraising auction?



How many live auction items should we have?  This is one of the most popular questions asked when planning a fundraising auction event.


In a standard “Gala style” event with silent auction, welcome speech, live auction and fund a need there is what’s called a “Golden Hour”.  I would suggest that an hour for a live auction at a fundraiser is a bit too much, but it is a good rule of thumb to keep your live auction no more than one hour long.  I really like to be more in the range of 30-45 minutes if possible.  


Now, that brings up the question: “How many items does that mean we can sell?”  A good professional fundraising auctioneer will take around 3 minutes per item (including the item description).  If you do the math that means that 15 items are the most you should be selling, but ideally you want to stay between 8-10.  Be careful of filling the auction with lower quality items just to say you have ten items!  I would rather have quality, not quantity in the live auction; even if that means having an auction with 4-5 items.  You only have a short attention span with your guests, so make it count!

Written by Mike Grigg, AARE, BAS

Friday, March 7, 2014

Checking In and Out Guests at a Fundraising Auction Event & Where Guests should be Seated



When guests arrive at your event make the check in process simple by dividing them alphabetically by last name or company name in about five to seven different check in areas.  This will help cut down on long lines and crowd size.  


I highly recommend collecting credit card numbers upfront at check in and assigning bidder numbers to each person.  This will make check out much easier and more efficient.  If people are not willing to give credit card numbers upfront explain to them that their check out process may take a little longer.  You can even have VIP check out for those that submit credit cards upfront as an incentive.  Come up with a perk that VIP check out can offer your guests.  You could deliver their items to their tables or they could simply have a special checkout line.

In order to have the most successful fund-a-need, silent auction and live auction, assigning
bidder numbers is a must.  It will help tremendously to have everyone identifiable by bidder number rather than name, and it will dramatically cut down on the amount of runners and people having to collect information throughout the event.  The fund-a-need alone can almost not be done with a big group if bidder numbers are not assigned to each person.

Guests with the means to support your cause should be strategically placed at the front of a room or near the auctioneer.  These guests will more than likely bid several times and it helps to keep the flow of the auction if the auctioneer can easily find them.  Let the auctioneer know where the guests with the means to support will be sitting prior to the start of the auction, and don’t hesitate to introduce the auctioneer to the high rollers so he can build some rapport with them.

Written by Mike Grigg, AARE, BAS
Elite Auctions & Fundraising Services